Its total income was up 28.87 per cent to Rs 510.77 crore during the period under review as against Rs 396.33 crore in the same quarter previous fiscal.
Morgan Stanley expects Hathway Cable to hit a target price of Rs 36 over a period of one year, implying nearly 18 percent potential upside from Friday's trade.
IDFC Securities also said the RIL deal is the best thing that could happen to Hathway and Den Networks.
"The board of directors of the company... approved allotment of 30,800,000 fully paid-up equity shares... the company to Hathway Investments, an entity forming part of the promoter group, at a price of Rs 32.35 per share aggregating to Rs 99.63 crore on preferential basis," Hathway Cable and Datacom said in a regulatory filing.
Hathway Cable's net loss for the quarter stood at Rs 2.63 crore against profit at Rs 27.16 crore in corresponding period last fiscal.
Edelweiss is bullish on Hathway Cable and Datacom has recommended buy rating on the stock with a target price of Rs 43 in its research report dated November 03, 2017.
Edelweiss is bullish on Hathway Cable & Datacom has recommended buy rating on the stock with a target price of Rs 45 in its research report dated February 09, 2017.
Hero Motocorp | Lupin | Cipla | Bank of India | eClerx Services | Ratnamani Metals | Healthcare Global | Reliance Power | Union Bank | Thermax | Indraprastha Gas | Adani Transmission | Kotak Mahindra Bank | Axis Bank and Idea Cellular are stocks, which are in the news today.
Boeing today announced establishment of Boeing Defence India (BDI), a local operating entity, that will support the company's future growth objectives in the country in services and support, sales and marketing, sourcing, manufacturing and engineering.
TCS | Maruti Suzuki | ONGC | Bharti Airtel | NTPC | SpiceJet | Mahindra & Mahindra | Hathway Cable | Vivimed Labs | Idea Cellular | Bharat Financial Inclusion | KCP Sugar | Mahindra Lifespaces and Electrosteel Castings are stocks, which are in the news today.
ITC | Maruti Suzuki | Eicher Motors | Bombay Dyeing | HT Media | Muthoot Finance | Ujaas Energy | MOIL | Hathway Cable | Siemens | Navneet Education | Premier Explosives | Mukand | Bharti Infratel and Petronet LNG are stocks, which are in the news today.
Jefferies maintains underperform rating on Tata Steel, SAIL and JSW Steel as domestic steel demand was steady in November despite demonetisation.
Yes Securities has recommended accumulate rating on Hathway Cable & Datacom with a target price of Rs 41 in its research report dated November 29, 2016.
JP Morgan has a neutral call on HUL with target at Rs 890 per share as volume growth rates will likely bottom in FY17. It says gradual recovery should be in place starting FY18.
Bharti Airtel | Cipla | GAIL | Idea Cellular | Apollo Tyres | Tata Elxsi | Aurobindo Pharma | Uflex | Dilip Buildcon | ARSS Infra | GPT Infra | Strides Shasun | Ashok Leyland and Ricoh India are stocks, which are in the news today.
ICICI Bank | Heritage Foods | Varun Beverages | BHEL | EID Parry | Britannia | Asahi India Glass | Asahi Songwon | Tata Metaliks | Dish TV | Sun TV | Den Networks | Hotel Leela and Everonn Education are stocks, which are in the news today.
Here are 9 stocks that brokerage firms' are bullish on. Morgan Stanley is overweight on Tata Motors with target price of Rs 585 per share. It expects volume to pick-up on XF launch in china & strong new discovery sales.